Why is Goodyear India falling/rising?

As of 16-Jul, Goodyear India Ltd's stock price is currently at 1,059.95, reflecting an increase of 8.3, or 0.79%. The stock has shown a strong performance recently, gaining 6.31% over the last four days and outperforming its sector by 0.8% today. Additionally, it has outperformed the benchmark Sensex over the past week and month, with returns of +6.06% and +12.66%, respectively. However, despite these short-term gains, the company has faced significant challenges, including a decline in operating profit over the last five years and negative results for the past six quarters. The stock's valuation appears high compared to its peers, with a Price to Book Value of 4.1, and it has consistently underperformed against the benchmark over the last three years.
In the broader market context, while Goodyear India has shown positive short-term returns, the Sensex has experienced a decline of 1.08% over the past week and a modest gain of 1.02% over the past month. This indicates that the stock's recent rise is somewhat isolated, as it has not followed the broader market trend. The company's low debt-to-equity ratio and high management efficiency, reflected in a ROE of 15.27%, may provide some support for its stock price. However, the long-term growth concerns and consistent underperformance against the benchmark suggest that investors remain cautious about the stock's future prospects.